revenue
Strategic Focus for All Hoteliers: 80% Revenue, 20% Flow-Through
Hoteliers should spend 80% of their time on activities that generate revenue. Enhancing revenue streams is the first step toward boosting profitability
Cash is King: Critical Importance of Liquidity in the Hotel Industry
While every business is unique, there are several cash flow challenges that are particularly prevalent in the hospitality industry
Maximise Hotel Revenue With Effective Sales Channel Distribution
It is crucial hotels closely manage distribution of rates and inventory to prevent revenue loss, overbooking, or increased fees from third-party channels
![black and white photo of a man on a phone by a desk reflecting the outdated sales methods in hotel group sales](https://revenue-hub.com/wp-content/uploads/2018/02/outdated-working-practices.jpg)
The Hidden Cost of Outdated Sales Methods in Hotel Group Sales
In the fast-paced world of hotel group sales, speed is crucial. However, the current outdated methods are slow and cumbersome
![steps going up reflecting the tactics to implementing data based pricing strategies](https://revenue-hub.com/wp-content/uploads/2022/11/sales-steps-funnel-process-1.77.jpg)
Steps to Implementing Data Based Pricing Strategies
Given the unpredictability of the current market, it’s key that hotels update their pricing based on the current supply and demand on a regular basis
Revenue Streams: Maximize the Potential of Hotel Function Space
By effectively using function space, hotels can tap a myriad of revenue-generating possibilities. We look at how you can get the most from an events program
![words about data under a window ledge reflecting the importance for revenue managers of developing a data driven forecast](https://revenue-hub.com/wp-content/uploads/2021/09/data-digitization-skyline-1.77.jpg)
How Revenue Managers Can Develop a Data Driven Demand Forecast
As an industry, we know there are several ways of forecasting and as revenue professionals, we may be asked to contribute to
How to Work With OTAs (tips for negotiating fair fees)
When the relationship is finely tuned and tailored such that OTAs don’t become your only channel, the cost is more than compensated for by bookings
Maximizing Profitability: Revenue Growth vs. Operational Efficiency
Whether aiming to boost revenue or enhance operational efficiency, understanding these approaches empowers you to make informed decisions that drive success
How to Use Booking Engine Data to Boost Bookings
Booking engine data lets you know the most popular rates and packages, which points to what your guests want and your own unique selling proposition